Insights Into the New Reality

Total Page:16

File Type:pdf, Size:1020Kb

Insights Into the New Reality The 6th EFG Hermes London MENA & Frontier Conference INSIGHTS INTO THE NEW REALITY Emirates Stadium, London, UK 5 - 8 September, 2016 The 6th EFG Hermes London MENA & Frontier Conference In addition to our customary focus on the Middle East and North Africa, this year's EFG Hermes London Conference includes for the first time listed companies in frontier markets outside of MENA. A few short months ago, Western markets were in favor as developing economies were roiled by low oil and commodity prices, rising global volatility, China's economic slowdown, the specter of an emerging market debt crisis, and the prospect of a hike in U.S. interest rates. Today, Argentina has returned to the global investment map, Mideast markets are taking decisive steps to transition to a post-oil future, and net outflows from emerging market funds in late 2015 and early 2016 have reversed as investors faced with the prospect of negative interest rates from Europe to Japan are seeking equity and fixed-income opportunities in emerging and select frontier markets. Exploring Opportunities in MENA & Beyond Reform remains a critical driver of regional market performance at a time when oil prices and capital flows into emerging markets remain uncertain. Growth is slowing in nearly all economies thanks to the commodity price shock, but reactions differ between markets. Financial sector changes – including the potential listing of Saudi Aramco – are the cornerstones of Saudi Arabia’s transformative Vision 2030, but markets will also be looking for changes to FOLs and market infrastructure in the UAE, Qatar and Kuwait. Broader economic reforms are required outside the GCC, including increasing tax collection in Pakistan and Egypt. Securing financing for fiscal and current account deficits remains critical in the current environment. The IMF may play an increasing role in mainstream EM and FM countries, but GCC markets will focus on attracting private sector financing. Emirates Stadium, London, UK 5 - 8 September, 2016 EGYPT AMER GROUP 4 INTEGRATED DIAGNOSTICS HOLDINGS | IDH 36 Year-end June 2014a 2015a 2016e 2017f 2018f ARABIAN CEMENT COMPANY | EGYPT 6 JUHAYNA 38 Nominal GDP (USD bn) 301.4 330.3 345.0 310.1 330.1 ARAFA HOLDING 8 LECICO 40 Real GDP growth (%) 2.2 4.2 3.7 3.8 4.3 CAIRO POULTRY 10 MADINET NASR HOUSING & DEVELOPMENT 42 CPI inflation, annual average (%) 10.1 11.0 10.2 14.3 12.0 CLEOPATRA HOSPITAL COMPANY | CHC 12 ORASCOM CONSTRUCTION LIMITED 44 Current account balance (USD bn) (2.7) (12.1) (18.2) (14.5) (17.5) COMMERCIAL INTERNATIONAL BANK | CIB 14 ORASCOM DEVELOPMENT HOLDING 46 Current account balance (% of GDP) (0.9) (3.7) (5.3) (4.7) (5.3) DOMTY 16 ORIENTAL WEAVERS 48 Fiscal balance (USD bn) (36.6) (38.0) (42.1) (33.2) (32.8) EDITA 18 PALM HILLS DEVELOPMENTS 50 Fiscal balance (% of GDP) (12.2) (11.5) (12.2) (10.7) (9.9) EFG HERMES 20 PORTO GROUP 52 Population (mn) 86.8 88.8 90.8 92.8 94.8 EGYPTIAN RESORTS COMPANY 22 QALAA HOLDINGS 54 Source: Central Bank of Egypt, Ministry of Finance, and EFG Hermes estimates EK HOLDING 24 SODIC 56 ELSEWEDY ELECTRIC 26 TELECOM EGYPT 58 EZZ STEEL 28 TMG HOLDING 60 GB AUTO 30 GLOBAL TELECOM HOLDING 32 HOUSING AND DEVELOPMENT BANK 34 Share Price Performance Relative to HFI (VWAP) (Rebased) AMER GROUP www.amer-group.com 0.8 Amer (EGP) HFI (VWAP) EGYPT 0.7 0.6 Real Estate & Hospitality BUSINESS DESCIPTION Amer was originally established as a real estate investor, developer, and a hospitality provider that caters for the middle 0.5 and upper-middle income segment in Egypt. The company’s product offering was concentrated in the secondary homes segment and was later extended to the primary homes, with projects in New Cairo and Sixth of October 0.4 QUESTIONS City. Amer also has franchise licences for a number of restaurant names, owning and operating 58 outlets in Egypt. This, together with the company’s hospitality and retail arm bring in c.20% of the company’s top line, on average. In 0.3 October 2015, the group has successfully concluded the spin-off exercise of the majority of its real estate development operations to a newly-established entity, named Porto Group, to concentrate on the real estate investment activity, 1. How is management addressing the rising concerns of affordability, which is mostly felt within the segment Amer is addressing? and the ownership and management of its retail, restaurants, and hotels portfolio. The new entity would allow ................................................................................................................................................................................................................................................................... for higher realisation of value, in management’s view, as it would provide more management flexibility and focus. 21 Aug 15 21 Feb 16 21 May 16 21 Aug 16 21 Nov 15 That said, Amer has taken the responsibility to deliver an off-plan backlog worth EGP3.1bn (in June 2016), sell the 2. Should we expect to see cooperation with other real estate companies, other than Porto Group in the future? existing inventory of 1,036 units and conclude the projects that are currently under co-development with Porto Group. Following the delivery of these, Amer will be more dedicated to land sourcing and investment, and to the ................................................................................................................................................................................................................................................................... (EGP) management of the restaurants, malls and hotels portfolio. Valuation Statistics 2014a 2015a 1H16a (TTM) EPS 0.03 0.03 0.04 3. Is the company looking to grow its land bank? What is the strategy here? INVESTMENT THESIS DPS 0.00 0.00 0.01 ................................................................................................................................................................................................................................................................... Under the new setting, post the spin-off of the real estate development related activities to Porto Group, Amer Group BVPS 0.31 0.34 0.30 will provide exposure to a recurring income stream of cash flow, with its focus on the management of restaurants, malls and hotels. We note that these segments have been either loss-making or barely breaking-even over the past 4. What plans does management have to turnaround the company’s hotel, malls and restaurants operations? five years. The company has announced the appointment of two new heads of its hospitality and malls segments in P/E (x) 8.86 11.24 8.13 ................................................................................................................................................................................................................................................................... 4Q15, in order to lead the restructuring process, which we view positively. The group owns and operates c.80,000 Dividend Yield 0.0% 0.0% 3.3% sqm of GLA in the retail space under the Malls division, with additional 222,000 sqm under construction. Under the P/BV (x) 1.0 0.9 1.0 hotels division, Amer owns and manages a total of 860 hotel rooms, which are planned to double in number to 1,229 hotel rooms, before end of 2019. This is in addition to 7,415 seats within its restaurant division. Amer is also entitled FCF Yield 20.0% -14.3% 21.6% to 1% of Porto Group’s contracted sales, as royalty fee, against the use of the Amer-generated Porto brand. Amer EV / EBITDA (x) 3.7 3.8 3.8 Group currently owns a total of 5.5mn sqm, of which 2mn are yet to be developed; looking to expand this further. Key Performance Ratios 2014a 2015a 1H16a (TTM) Land Bank (sqm mn) 5.5 Financial Statements - December Year End (EGP mn) Revenue Growth N/A 4.5% 6.4% Balance Sheet 2014a 2015a 1H16a (TTM) EBITDA Margin 20.6% 19.4% 15.2% Development Properties 2,528 3,061 2,889 EBIT Margin 17.3% 16.0% 13.3% Net Fixed Assets 974 1,249 1,278 Effective Tax Rate 31.7% 28.2% 21.6% Intangibles & Others 1,765 1,970 2,028 ROAE 14.3% 11.4% 12.0% Total Assets 5,267 6,280 6,195 ROAIC 36.8% 15.1% 15.5% Current Liabilities (Including Debt) 3,417 3,996 4,096 DPO 0.0% 0.0% 27.1% Long-Term Liabilities (Including Debt) 538 860 696 Net Debt (Cash) / Equity (x) (0.22) (0.26) (0.19) Total Net Worth 1,291 1,409 1,387 Minority Interest 21 14 16 Net Debt (Cash) / EBITDA (x) (0.93) (1.25) (0.87) Total Equity & Liabilities 5,267 6,280 6,195 Net Debt (284) (368) (258) Company and Stock Data Price (EGP) 0.30 on 21 August 2016 Income Statement Bloomberg / Reuters AMER EY / AMER.CA Revenue 1,767 1,846 1,964 MKT Cap (mn) / Shares (mn) EGP1,368 / 4,560 EBITDA 363 358 298 3M ADVT (mn) USD0.6 EBIT 306 295 261 Float 28% EBT 312 235 256 Foreign Ownership Limit No Limit Net Income 185 154 168 Major Shareholders Cash Flow Statement SOL Global Holding 35% CF from Operations 482 299 573 Amer Wakf 15% CF from Investments (209) (494) (277) Lantess International 10% CF from Finance & Non Operating CF (328) 332 (216) Source: Amer Group, EFG Hermes, and Bloomberg Mai Attia Sara Boutros INSIGHTS INTO THE NEW REALITY [email protected] [email protected] 4 5 Share Price Performance Relative to HFI (VWAP) (Rebased) ARABIAN CEMENT COMPANY (EGYPT) FAIR VALUE EGP13.00 RATING BUY www.arabiancement.com 19.0 Arabian Cement Egypt (EGP) HFI (VWAP) 17.0 EGYPT 15.0 13.0 Materials INVESTMENT THESIS 11.0 Arabian Cement Company (Egypt) is amongst the top five cement producers in Egypt, with a clinker capacity of 9.0 4.2 mtpa that can produce 5.0 mtpa of cement. The company positions itself as a premium, quality brand with 7.0 c8% market share, supported by: i) a utilisation rate (85% in 2015) above the industry average (77%), ii) a focus QUESTIONS on high-demand Greater Cairo and Delta, and iii) a fleet for delivery service (plans to reach c70% of volume).
Recommended publications
  • 2016|2017 2016|2017
    Egyypt 2016|2017 Discovering Business in association with Copyright © Allurentis Limited 2016. All rights reserved. Allurentis is delighted to have been involved in association with UK Trade & Investment on this, the first edition of Egypt - Discovering Business and would like to thank all sponsoring organisations for their kind contributions. We are confident that it will raise awareness with all readers and prove to be an invaluable resource, especially for those wishing to become involved in the extraordinary business opportunities and growth prospects within Egypt. Electronic copies of this publication may be downloaded from Allurentis Limited's website at www.allurentis.com, provided that the use of any copy so downloaded, complies with the terms and conditions specified on the website. Except as expressly stated above, no part of this publication may be copied, reproduced, stored or transmitted in any form or by any means without the prior permission in writing from Allurentis Limited. To enquire about obtaining permission for uses other than those permitted above, please contact Allurentis by sending an email to [email protected] Photos courtesy of: www.istockphoto.com & www.123rf.com USINESS B Contents ISCOVERING Introduction Egypt turns to private sector to build new economy 5 D - 2016|2017 Messages GYPT E H.E. Ambassador Nasser Kamel: Egyptian Ambassador to the UK 8 HMA John Casson: British Ambassador to Egypt 9 UK Trade & Investment in Egypt 10 Egyptian Commercial Service in the UK 11 Business - Legal - Finance Egypt’s economic
    [Show full text]
  • Power Cables Division Power Cables Division Catelogue WIRE and CABLE WIRE and CABLE Wires and Cables Wires
    Power Cables Division Power Cables Division Catelogue WIRE AND CABLE WIRE AND CABLE Wires and Cables Wires PB All Rights reserved©Elsewedyelectric www.elsewedyelectric.com 1 INDEX Corporate Profile 03 Overhead Conductors 07 Low Voltage Cables 11 Medium Voltage Cables 21 High Voltage and Extra High Voltage Cables 27 OPGW Cables 31 High Temprature Low Sag (HTLS) Conductors 32 Special Cables 39 Factory Brief 45 From our Cables Design 46 Testing Capability 49 Certificates 50 Facts and Figures 52 Sustainability 53 Contacts 55 Elsewedy Electric is a conglomerate that specializes in Infrastructure, products and solutions. We are segmented to 5 divisions: Wire & Cable, Electrical Products, Engineering & Contracting, Smart Infrastructure and Infrastructure Invest- ments. Our founding fathers started the journey back in 1938 and we have been growing ever since to be what we are now, the biggest infrastructure solutions provider in the Middle East and Africa. Behind our success is 15,000 professionals located in 45 counties using the latest technologies to design and engineer a vast product portfolio and unmatched services. We strive to deliver top-quality products & services that meet our customers’ expectations while adding value to the communities we serve. Group strategy and FINANCIAL PRODUCT SECTOR GEAOGRAPHICAL market opportunities STRENGTH DIVERSITY EXPERTISE REACH Elsewedy Electric 80 years ago, we started with a clear vision to position Elsewedy Electric for successful growth, inspired by innovation, determination 23 3.7K+ 20K+ and spirit of hardworking staff, empow- Giga Watts KiloMeters KiloMeters ered and liberated by a strong enter- Total number Overhead Distribution prise system. Since our start, we made of delivered Transmission Networks the decision of never sacrificing integri- power Lines ty for growth & this same motto did not change till today.
    [Show full text]
  • Elsewedy Electric T&D
    DISCLAIMER Certain information contained in this document consists of forward‐looking statements reflecting the current view of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance, or achievements that maybeexpressedorimpliedbysuchforward‐looking statements, including worldwide economic trends, the economic and political climate of Egypt and the Middle East and changes in business strategy and various other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in such forward‐looking statements. Recipients of this document are cautioned not to place any reliance on these forward‐looking statements. The Company undertakes no obligation to republish revised forward‐looking statements to reflect changed events or circumstances. 2of 44 Elsewedy Electric Investor Presentation H1 2015 AGENDA An Integrated Energy Solutions Company Corporate Timeline Strategy Full Service Integration Geographic Presence Advanced Technology Business Line Review Recent Financial Performance Appendix I: Economic Environment 3of 44 Elsewedy Electric Investor Presentation H1 2015 AN INTEGRATED ENERGY SOLUTIONS COMPANY Elsewedy Electric is an energy player structured to face the challenges of the world’s fastest growing markets and the complexity of the critical electricity industry. From its start, deep product and sector specialization and unprecedented insight into local markets set the ground work for first mover advantage into new markets and sectors. The Elsewedy family began what is today Elsewedy Electric in 1938 as an electrical equipment trading company.
    [Show full text]
  • May2020issue.Pdf
    Cover.qxp_Cover.qxd 5/12/20 3:11 PM Page 1 BUSINESS MONTHLY BUSINESS MONTHLY www.amcham.org.eg/bmonthly NOT FOR SALE MAY 2020 COVID-19 COVID-19 The public and private sectors are mobilizing resources to get ahead of the next stage of the crisis. ALSO INSIDE ▲ ▲ MAY 2020 MAY GCC’S LIFELINE ▲ ▲ AMERICA’S $6 TRILLION CANON ▲ ▲ CHANGING VENTURE CAPITALISM ▲ ▲ VIRTUAL MARKETING DISCOVER TRUE LUXURY WITH CIB PRIVATE CIB Private is your gateway to an exclusive world, carefully tailored for you. Discover our new segment that offers you the best in banking and investment solutions, and lifestyle benefits inaccesible to others. To know more visit www.cib/private.com TOC 1 page.qxp_TOC.qxd 5/12/20 4:21 PM Page 1 MAY 2020 VOLUME 37 | ISSUE 5 Inside 4 Editors Note 6 Viewpoint Regional Focus 10 Preserving GCC wealth With oil prices tumbling, the GCC need to diversify their economies. 12 American Impact Game of compromises The U.S. is rebooting its economy, with painful economic side-effects. Cover Story 20 Stepping up to save lives Local private firms are gearing up to help the government combat the spread of COVID-19. Cover Design: Nessim N. Hanna Changing World 28 Venturing into the unknown Venture capitalists have a sense of trepidation towards financing new clients. The Chamber 38 Events 44 Media Lite An irreverent glance at the press © Copyright Business Monthly 2020. All rights reserved. No part of this magazine may be reproduced without the prior written consent of the editor. The opinions expressed in Business Monthly do not necessarily reflect the views of the American Chamber of Commerce in Egypt.
    [Show full text]
  • Download Catalogue
    INDEX About Elsewedy Electric 03 About Elsewedy Transformers 05 Cast Resin Dry Transformer 08 Oil-immersed Distribution Transformer 10 Power Transformer 20 Installation & Maintenance 22 Elsewedy Electric is a conglomerate that specializes in Infrastructure, products and solutions. We are segmented to 5 divi- sions: Wire & Cable, Electrical Products, Engineering & construction, Smart Infrastructure and Infrastructure Investments. Our founding fathers started the journey back in 1938 and we have been growing ever since to be what we are now, the biggest infrastructure solutions provider in the Middle East and Africa. Behind our success is 15,000 professionals located in 45 counties using the latest technologies to design and engineer a vast product portfolio and unmatched services. We strive to deliver top-quality products & services that meet our custom- ers’ expectations while adding value to the communities we serve. Group strategy and FINANCIAL PRODUCT SECTOR GEAOGRAPHICAL market opportunities STRENGTH DIVERSITY EXPERTISE REACH 80 years ago, we started with a clear vision to position Elsewedy Electric for 23 3.7K+ 20K+ successful growth, inspired by innova- Giga Watts KiloMeters tion, determination and spirit of hard- KiloMeters Total number Overhead working staff, empowered and liberated Distribution of delivered Transmission by a strong enterprise system. Since Networks power Lines our start, we made the decision of nev- er sacrificing integrity for growth & this same motto did not change till today. Behind our success is professional dedicated team and the latest tech- K+ + 25M nologies which deliver comprehensive 2 64 Square Meters product portfolio and unmatched ser- KiloMeters Substations Sustainable vices. Elsewedy Electric always delivers Communication Indoor & Outdoor Industral top-rated products & services that cus- Networks Substations Communities tomers need with the highest quality.
    [Show full text]
  • Elsewedy Special Cables Catalogue
    Special Cables ELSEWEDY CABLES IN BRIEF Elsewedy Cables was established in 1984 and is considered as one of the oldest and most successful industrial and trading business groups across the Middle East and Africa in the fields of energy, plastics and contracting. Elsewedy Cables is specialized mainly in Wires, Cables, Telecom Solutions, Electrical Products, Turnkey Projects, and recently Energy Generation. The group’s turnover has been rapidly rising during the past few years to reach $ 1.5 billion in 2007, also, the production capacity is the second highest one in the region, with 125000 tons/ annum, expecting 212000 tons/annum in 2008. Although the company began as an Egyptian local manufacturer, it has branched out regionally and internationally to include 23 production facilities for cables and electrical products that are located in 12 contries (Egypt, Sudan, Algeria, Zambia, Ghana, Syria, Saudi Arabia, Qatar, Slovenia, India and Malaysia), and it currently export its wide range of high quality and safe products to more than 110 countries worldwide. Additionally, the group’s outstanding human potential, which is more than 5000 employees, and its solid financial postioin, along with the strong geographical prsensce, have heavily contributed to the group’s success and prosperity. To strengthen its position world wide, and following the corporate strategy, on the one hand, Elsewedy Cables fully acquired by the end of 2007 ISKRAEMECO, a leader manufacturer of electrometers and currently the third largest player in the European market and the seventh largest globally; on the other hand, Elsewedy Cables is involved with 74% ownership jointly with Glencore International in a 850 $US million project for the construction of a copper smelter to be located in Egypt.
    [Show full text]
  • Investor Presentation 1Q 2020 Disclaimer
    Investor Presentation 1Q 2020 Disclaimer Certain information contained in this document consists of forward-looking statements reflecting the current view of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking statements, including worldwide economic trends, the economic and political climate of Egypt and the Middle East and changes in business strategy and various other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in such forward-looking statements. Recipients of this document are cautioned not to place any reliance on these forward-looking statements. The Company undertakes no obligation to republish revised forward-looking statements to reflect changed events or circumstances. Elsewedy Electric | Investor Presentation 1Q 2020 2 AGENDA I. An Integrated Energy Solutions Global Provider II. Investment Highlights • Full-Service Integration • Long Track Record • Strong Geographical Presence • State-of-the-art Facilities • Experienced Leadership • Prestigious Client Base III. Business Line Review IV. Recent Financial Performance V. Corporate Social Responsibility Elsewedy Electric | Investor Presentation 1Q 2020 3 An Integrated Energy Solutions Global Provider Power...Build…Develop Sustainable Value.. Elsewedy Electric is an energy player structured to face the challenges of the world’s fastest growing markets and the complexity of the critical electricity industry. From its start, deep product and sector specialization and unprecedented insight into local Vision markets set the ground work for first mover advantage into new markets and sectors.
    [Show full text]
  • Acknowledgments
    Acknowledgments About this Report This is Elsewedy Electric’s first consolidated sustainability report. The report covers our social, economic and governance performance from the year of the company’s inception to 2017. We intend to continue reporting annually on our progress and activities. This report has not been externally assured. During the data collection process, all data was collected by each relevant department contact person and shared on a secure platform to allow each department head to verify the information internally before it was sent to the Global Compact Network Egypt (UNGCNE) Foundation Sustainability Report Writing Team. This report was produced for Elsewedy Electric in collaboration with the GCNE Foundation. Elsewedy Electric’s mission, vision and core values were considered when identifying the reporting topics, data, boundaries and scope of the current report. This report outlines Elsewedy Electric’s vision to be a global leader in the delivery of integrated energy services and solutions. This report provides an overview to our governance structure, operations, companies, industry innovations, environmental impact, corporate social responsibilities, engagement with local communities, learning and research. Additionally, the report serves as our Communication on Progress to the UN Global Compact Network in Egypt and a sustainability report for suppliers, vendors and clients across the Group. It discloses our performance in areas that are important to our stakeholders, including employees, industry, the government, community partners, and customers. Elsewedy Electric focused on the human aspect of sustainability by providing better living standards, increasing access to healthcare and education, and reducing gender inequalities. As an international conglomerate, we also consider at the economic aspects of sustainable cities and communities, job opportunities, decent work environments and economic growth.
    [Show full text]
  • Elsewedy Power Cables Catalogue
    2010 Power Cables ELSEWEDY ELECTRIC IN BRIEF Group History Elsewedy Electric Serving Markets… Rapid Growth in Manufacturing Plant.. Through our mission of existence; manufacturing and marketing safe energy products in order to exceed 2010 Due to the diversification in the company portfolio market expectations and positively contribute in the company name has changed from Elsewedy Cables to Elsewedy Electric. developing our society & environment, Elsewedy 2009 Elsewedy Cables KSA, Doha Cables, Elsewedy Cables Ethiopia, Elsewedy Cables Yemen. Electric diversified and integrated portfolio allows serving & reaching our customers through four main 2008 Elsewedy cables Algeria, ECMEI, Iskraemeco, Elsewedy Electric Zambia, SWEG. markets: • Energy & Infrastructure 2007 Elsewedy Electric Syria, United Wires, Elsewedy Cables Egypt. • Industrial • Building 2006 Elsewedy Electric Ghana. We are a Leading Integrated Energy Solutions • Residential 2005 Elsewedy Cables Syria. Provider operating in 7 diversified energy sectors: Elsewedy Electric Quality Policy… Wires & Cables, Electrical products, 2004 Itlasimea Elsewedy ( Currently Elsewedy SEDCO for Petroleum Services). Telecommunication, Transformers, Wind energy Quality & safety are uncompromised for Elsewedy generation, Energy measurement & management, Electric; the adopted policy assures maximum 2003 Sudanese Egyptian Electrical Industries. and Engineering & Contracting. The business has effectiveness & efficiency through all process systems, 2002 Giad Elsewedy Cables. started as a trader in electrical equipments, moving making sure that every aspect of the company on to a distributor for the only cables manufacturer, activity is aligned to satisfy our objectives and 1998 United Metals Sedco. and has grown to be the leading in the field. Owing customer expectations using the full potential of to a successful growth rate year after year and every person.
    [Show full text]
  • Elsewedy-Electric.Pdf
    EL SE W E DY EL E CTRIC PREQUALIFICATION El Sewedy Electric T&D www.elsewedyelectric.com www.elsewedy- electric.com El Sewedy Electric Prequalification El Sewedy Electric T&D Prequalification [email protected] www.elsewedyelectric.com 2010 2 Contents • About us • Organization chart • Abilities and scope of work • Equipment & tools • Quality and certificates • Reference list • Our presence • Turnkey projects • Local & intentional industries factories • Contact us 3 About Us El Sewedy Cables The prime cables manufacturer in Egypt, Africa and the Middle East has become a significant force in contributing to the Egyptian economic growth, whilst becoming a well established group with extensive holdings creating several manufacturing industries and services in Egypt and throughout Africa and Middle East. El Sewedy Electric for Transmission & Distribution (EE T&D) A subsidiary of El Sewedy Cables was created with ambitious goals to combine the best possible skills and experiences in design, install, commission and supply of all electrical installations on turnkey basis. Backed up with the 72 years of long track record and experience of El Sewedy Cables, EE T&D managed to successfully penetrate the African market and aggressively working on penetrating the Middle Eastern market with its turn-key-projects service. EE T&D is an international organization specialized in the supply, installation and commissioning of electrical equipment on a turnkey basis and services to utilities and industries throughout Africa and the Middle East. EE T&D offers a complete design, procurement and installation service, covering all aspects of transmission, distribution and power generation. EE T&D maintains its international presence through a large global network of agents & partners, as well as through its professional management, centralized in its headquarters in Egypt.
    [Show full text]
  • AE Template 17
    Egypt Power Report – 2020 www.africa-energy.com About African Energy Reports About African Energy Reports Egypt Power Report 2020 is the third in a series of comprehensive studies on key energy industry segments presented by African Energy ’s consultancy group. The reports are intended to provide executives, Egypt Power Report – 2020 financiers, investors, policy-makers and other Published February 2020 stakeholders with a concise but authoritative document that provides an overview of a country’s politics and risk profile, and of the major macroeconomic and business trends that impact DRaevpido Srltaste rEditor [email protected] on projects. The reports provide data to illustrate and analysis to aid understanding of critical JCohonn Htraibmuiltoonr, s Ajay Ubhi questions for the energy industry. Daniel Westbury-Haines About African Energy DLiavne M Darakts a Editor African Energy is a UK-based market [email protected] intelligence provider that has been helping businesses navigate the challenges of the African JEodn iMtoarrikas l Director continent’s complex industries for over two [email protected] decades. Sales and Service Managed and owned by Cross-border Direct:+44 (0) 1424 721 667 Information, African Energy has 16 full-time staff Fax: +44 (0) 1424 721 721 Email: [email protected] in the UK, and a network of correspondents and associates active in over 40 African countries. African Energy’s services include: www.africa-energy.com • Newsletter – A respected source of independent analysis since 1998, covering emerging energy trends and the political and governance issues that concern established operators, new entrants and the finance sector.
    [Show full text]
  • Download Catalogue
    INDEX About Elsewedy Electric 03 About ROWAD 05 Service Range 05 Indutrial & Power Project 06 Infratructure Project 10 Commercial & Special Building 14 Monument Restoration & Structural Repair 18 Reinforced Earth Sytem 20 Quality Certificates 22 About Elsewedy Electric T&D 24 Service Range 25 Power Generation 26 Substations 27 Overhead Line 32 Variou Project 38 Quality Certificates 40 About Elsewedy Electric PSP 42 Service Range 43 Featured Project 44 Quality Certificates 54 www.elsewedyelectric.com Elsewedy Electric is a conglomerate that specializes in Infrastructure, products and solutions. We are segmented to 5 di- visions: Wire & Cable, Electrical Products, Engineering & Contracting, Smart Infrastructure and Infrastructure Investments. Our founding fathers started the journey back in 1938 and we have been growing ever since to be what we are now, the biggest infrastructure solutions provider in the Middle East and Africa. Behind our success is 15,000 professionals located in 45 counties using the latest technologies to design and engineer a vast product portfolio and unmatched services. We strive to deliver top-quality products & services that meet our custom- ers’ expectations while adding value to the communities we serve. Group strategy and FINANCIAL PRODUCT SECTOR GEAOGRAPHICAL market opportunities STRENGTH DIVERSITY EXPERTISE REACH Elsewedy Electric 80 years ago, we started with a clear vision to position Elsewedy Electric for successful growth, inspired by innovation, determination 23 3.7K+ 20K+ and spirit of hardworking staff, empow- Giga Watts KiloMeters KiloMeters ered and liberated by a strong enter- Total number Overhead Distribution prise system. Since our start, we made of delivered Transmission Networks the decision of never sacrificing integri- power Lines ty for growth & this same motto did not change till today.
    [Show full text]